If you’re ready to give your retail business a new look but have no idea where to start, then this is the article for you. The renovation process can be very tedious and difficult. There are many things you need to consider before going ahead with renovations, such as engaging architects, designing floor plans, sourcing for contractors and more. Here is a retail renovation checklist to ensure that you’re on the right path.
Designing your store concept
Designing a retail store requires a lot thought. Try to identify what your store’s personality is. What kind of products do you sell and what is your brand? What do you want to portray to your customers? You might want to engage a professional commercial interior designer or architect that can properly conceptualise your ideas. Sometimes it may not be feasible so having the right architect to advise you would be best.
While designing your store concept, always keep in mind the target audience you’re going for. Would they like a clean, minimalist design, or something more intricate? The more complex your concept is, the more time and money it needs. A word of advise – do not start renovation while the planning phase is still in progress. Properly agree on a finalised look before you begin the heavy changes. You don’t want to end up wasting your time and money!
Get a copy of the floor plan
A floor plan is essential for interior designers or contractors to plan the renovation process. It should also include air-conditioning , lighting and fire protection systems. You can obtain a copy from the landlord or the management process. This also helps you plan your layout and you’ll have a better idea of where things should go.
Choose a reputable contractor
As mentioned above, make sure you choose your contractors wisely! Engage contractors who are experienced in retail renovations relevant to your business as you can gain insights from their experience working with other clients. Some contractors specialise in different areas so run through with them your ideas and concepts to see if they can help you create what you have visualised. A good indicator to see if they’re a fit for you is to take a look at their portfolio. Ask them for their experience and portfolio! Some contractors might quote a very cheap price, but that usually means they are using cheap materials to build, which are less durable and may need to be replaced or refurbished after a year, incurring more expenses. Do make sure they understand retail spaces well and are capable of producing quality results. It is also important to have a list of your requirements before meeting contractors. It will help both parties if you know what you want, and the contractor can advise you on whether it’s feasible.
Ask for detailed drawings
To avoid misinterpretation and last minute changes during the renovation process, ask for detailed drawings that show the final outcome.
If you don’t already have a security cameras in your store, this new renovation might be a good time for you to install some. CCTV surveillance systems is important as it minimises theft and other criminal activity such as shoplifting and employee theft. Start engaging a security consultant to protect your hard earned profits today!
Banners and posters are MUST-HAVES especially if your location is not directly visible from heavy traffic flows areas. These will ensure that passers-by know about your store and put the idea of heading to visit at your location.
The most crucial thing is planning and having an idea of what you want. Of course, leverage on the contractor’s expertise and don’t hesitate to get help! Should you be looking for vendors for your renovation, you can source them for free through the ThunderQuote platform.
ThunderQuote is the most comprehensive business services portal in Singapore, Australia and ASEAN , where hundreds of thousands of dollars of procurement contracts are sourced every month by major companies like Singapore Press Holdings, National Trade Union Congress and more.